During their meeting held on 20 June 2025, the Italian Council of Ministers approved a decree-law providing a further suspension of the effective date of the sugar tax, which has been suspended multiple times. Previously suspended until 1 July 2025, the effective date of the sugar tax will now be suspended until 1 January 2026. The decree-law also provides for a reduction in the VAT rate on sales of art, antiques, and collectibles from 22% to 5%. The reduced rate may also apply to imported a…